Last Updated on 7 September, 2021 by Samuelsson
Michael Carr is an American investor, a Chartered Market Technician (CMT), a writer and speaker with a successful career in financial service. He is a Certified Financial Technician (CFTe), a long-term member of the chartered market technicians association, where he served as a contributing editor for smart profits daily. Mike is also a Level II Investment Analyst and a Chartered Retirement Planning Counselor (CRPC).
Mr Carr has contributed to several publications on trading: SFO Magazine and Futures Magazine, Journal of Technical Analysis, Money show. He authored many books, including “Smart Investing in Any Economy: The Definitive Guide to Relative Strength Investing (2008)” and “Conquering the Divide: How to Use Economic Indicators to Catch Stock Market Trends (2010).” He teaches Quantitative, Technical Analysis, and Fundamentals of Technical Analysis courses at the New York Institute of Finance.
Mike earned a Bachelor’s degree in pre-law studies from the Abilene Christian University in Abilene, Texas, and studied accounting and finance at Oklahoma State University.
He served in the U.S. Air Force, began his career in the Pentagon, where he participated in installing the facility’s first LAN, early age of what we now call modern internet. Mike was involved in deploying state-of-the-art radar systems which track Soviet aircraft at the late part of the Cold War.
Mike described his experience of the war as “a field where there is no room for error.” It is this experience that enabled him to acquire the skills to trade the market.
He began his financial career with Merill Lynch, where he served as a financial consultant and later went to become the director and branch manager at UBS Wealth Management in Austin, Texas. Afterward, Mr Carr became VP and district manager at SWS Group — a private bank serving California, Texas, and Southwest United States. Mike currently serves at FMP Wealth Advisers in Austin, Texas, as a lead adviser and partner, helping clients to make informed decisions about their finances.
Mike created Peak Velocity Trader, a customized indicator created to profit from change in momentum, and Precision Profits, an indicator that is focused on time-tested seasonal trends. Mike has invested thousands of his own money to researching and testing his systems. The system has proved to work, bringing home consistent triple-digit returns for a short time frame, including two weeks and sometimes days.
Mike’s current service, One Trade, focuses on trading options that are on the SPDR Dow Jones Industrial Average Exchange Traded Fund (DJIA ETF) for chances of making returns of 100% or more per week.
Mike founded the Consistency Initiative in 2011, a platform where he speaks on the concept of “new brain science of achievement.” He says, “Our brains were designed to solve puzzles. They remember what we don’t remember or what we don’t remember we remember. They secretly know where to grab answers that fit into other answers to give us our answer. As long as we keep asking.”
Mike has been named “World Champion of Public Speaking Semi-finalist” twice.
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